NOT LISTED FOR SALE

1812 S Federal St Unit H45 Chicago, IL 60616

South Loop Neighborhood

Estimated Value: $497,000 - $574,000

2 Beds
2 Baths
2,100 Sq Ft
$254/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $525,000 $250 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,033/month

16 Days on Market

Highlights

  • Rooftop Deck
  • Wood Flooring
  • Home Office
  • Landscaped Professionally
  • Granite Countertops
  • 4-minute walk to Margaret Hie Ding Lin Park

About This Home

As of April 2022

Spacious & Dreamy 2 Bed + Den, 2 Bath Three Story Townhome in the gated community of Dearborn Village! The first floor boasts an oversized Living Room which comfortably fits a large sectional with room to spare. A large, modern fireplace brings charm and coziness to the space. The Open Concept Floor Plan flows seamlessly from the living space to the separate dining area and onto the large kitchen. The Kitchen features a large island, ample storage in the updated cabinets, granite countertops, brand new appliances including the refrigerator, microwave, double ovens, dishwasher, and food disposal in the sink. Brand new stackable Washer/Dryer are nestled right off of the kitchen. Journey up to the second floor which features both bedrooms and bathrooms. The King-Sized Master Suite is sure to wow with three closets and an updated ensuite master bath with double sinks and an ample shower. The generously-sized second bedroom is perfect for a child's bedroom or home office. The stylish second bathroom has also been newly updated. The third floor is a rare gem! The oversized Den is the perfect family room or shared workspace. It also opens onto a private deck. Two available spaces for parking included in list price - one is attached garage and the second is exterior parking spot. Additional Parking Spots are available for rent. Updates to this unit include a new AC, Furnace, Humidifier with Nest Thermostat, Ring Alarm with sensors in all windows and doors, Ipec Roof Deck, New Wood Flooring Throughout, Updated Electrical Outlets & Switches, New Windows & Sliding Door Screens, New Doors throughout, New Garage Motor & Tension Spring, Recessed Lighting throughout, New Blinds, Entry Porch Flooring, Stairs, Refinished Railings, and Storage at Garage Entry. The location cannot be beat! Just two blocks from China Town and a 15 minute walk to Lake Michigan and Solider field! Marianos is just one block away and two blocks from the Red Line.

Last Agent to Sell the Property

Mark Kowalik

Baird & Warner License #475164941 Listed on: 02/28/2022

Baird & Warner

Last Buyer's Agent

Cory Tanzer

Option Realty Group LTD License #475167115

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,364

Year Built

  • Built in 1999 | Remodeled in 2018

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally

HOA Fees

  • $422 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Driveway
  • Parking Lot
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Intercom

Kitchen

  • Built-In Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Lake Michigan Water
  • Satellite Dish

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
  • 192 Units
  • Julian Dieterle Association, Phone Number (773) 379-3395
  • Dearborn Village Subdivision
  • Property managed by Forth Group

Amenities

  • Common Area

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,364

Year Built

Built in 1999 | Remodeled in 2018

Lot Details

0

HOA Fees

$422 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: T3-Townhouse 3+ Stories
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: T3-Townhouse 3+ Stories
  • Subdivision Name: Dearborn Village
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2018
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 3
  • Year Renovated: 2018

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, First Floor Laundry, Laundry Hook-Up in Unit, Built-in Features, Granite Counters
  • LivingArea: 2100
  • Other Equipment: Humidifier, TV-Dish, Intercom, CO Detectors, Ceiling Fan(s)
  • Room Type: Office
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Roof Deck, Storms/Screens
  • List Price: 539900
  • Lot Features: Common Grounds, Cul-De-Sac, Landscaped
  • Roof: Asphalt, Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Parking Lot
  • ParkingTotal: 1
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit, In Kitchen
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 422
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Forth Group
  • Management Contact Name: Julian Dieterle
  • Management Phone: 773-379-3395
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal, Internet

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: PER SURVEY
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 7364
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Apr 21, 2022
Sold by
Cuevas Josue L and Cuevas Mariana C
Bought by
Read April S and Read Ross J
Seller's Agent
Mark Kowalik
Baird & Warner
Buyer's Agent
Cory Tanzer
Option Realty Group LTD
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%
Current Estimated Value
$534,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,059
Avg. Annual Appreciation
0.53%
Original Mortgage
$498,750
Outstanding Balance
$474,523
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$59,536

Purchase Details

Listed on
Feb 28, 2022
Closed on
Apr 4, 2022
Sold by
Cuevas Josue L and Cuevas Mariana C
Bought by
Read April and Read Ross J
Seller's Agent
Mark Kowalik
Baird & Warner
Buyer's Agent
Cory Tanzer
Option Realty Group LTD
List Price
$539,900
Sold Price
$525,000
Premium/Discount to List
-$14,900
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Outstanding Balance
$474,523
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$59,536

Purchase Details

Closed on
Jun 29, 2006
Sold by
Bryant Tyson
Bought by
Shi Cen and Wei Zhiyong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 3, 2004
Sold by
Lin Tom K and Lin Alice P C
Bought by
Bryant Tyson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,300
Interest Rate
5.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 13, 2001
Sold by
Kania Christopher J and Kania Jennifer L
Bought by
Lin Tom K and Lin Alice P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
7.16%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Dearborn Village Llc I
Bought by
Kania Christopher J and Kania Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.37%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Read April S $525,000 --
Read April $525,000 Baird & Warner Title
Read April S $525,000 --
Shi Cen $366,000 Ticor Title
Bryant Tyson $348,000 Chicago Title Insurance Comp
Lin Tom K $317,000 Chicago Title Insurance Co
Kania Christopher J $187,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Read April $498,750
Previous Owner Shi Cen $290,999
Previous Owner Shi Cen $320,000
Previous Owner Shi Cen $320,000
Previous Owner Shi Cen $273,000
Previous Owner Shi Cen $290,000
Previous Owner Bryant Tyson $278,300
Previous Owner Lin Tom K $246,613
Previous Owner Lin Tom K $253,600
Previous Owner Kania Christopher J $81,500
Previous Owner Kania Christopher J $149,500
Closed Bryant Tyson $34,790
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2022 04/15/22 Sold $525,000 -2.8% $250 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $539,900 +18.7% $257 / Sq Ft
03/29/2016 03/29/16 Sold $455,000 -2.2% $230 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $465,000 -- $235 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,832 $45,767 $20,417 $25,350
2023 $6,928 $37,000 $16,427 $20,573
2022 $6,928 $37,000 $16,427 $20,573
2021 $6,791 $36,999 $16,427 $20,572
2020 $7,364 $36,157 $13,493 $22,664
2019 $7,221 $39,369 $13,493 $25,876
2018 $7,777 $39,369 $13,493 $25,876
2017 $6,640 $30,847 $11,147 $19,700
2016 $5,678 $30,847 $11,147 $19,700
2015 $5,172 $30,847 $11,147 $19,700
2014 $5,781 $33,727 $9,973 $23,754
2013 $5,656 $33,727 $9,973 $23,754
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11334829

Midwest Real Estate Data (MRED)

APN: 17-21-408-029-1045